Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) (Amendment) Regulations, 2018 shall come into force with effect from April 1, 2019.
Honda Motor Co. Ltd Vs ADIT (Supreme Court of India) In the judgment of this Court dated 24th October, 2017 in Assistant Director of Income Tax-I, New Delhi v. M/s. E-Funds IT Solution Inc., Civil Appeal NO.6082 of 2015 and connected matters, it has been held that once arm’s length principle has been satisfied, there can […]
CIT (E) Vs M/s The Institute of Correctional Administration (Punjab and Haryana HC) The grievance of the appellant is regarding grant of registration to the respondent under Section 12-A of the Income Tax Act, 1961. The respondent is a society constituted by the Government for imparting training to various officers/officials involved in the criminal justice […]
Beware of phishing and fraudulent scams related to income tax. Learn how to identify and report phishing emails and fake websites.
The date for implementation of Track and Trace system for export of drug formulations with respect to maintaining the Parent-Child relationship in packaging levels and its uploading on Central Portal has been extended upto 15.11.2018 for non SSI manufactured drugs as well as SSI manufactured drugs.
Reference is invited to Notification No. 4 dated 25.4.2018 amending the import policy of Peas under Exim Code 07131000, Chapter 7 of the ITC (HS) 2017 on the above subject. In this regard, as already notified, total quantity of Peas available for import during the period from 01st April to 30th June, 2018 is one lakh MT minus the quantity already imported from 01.04.2018.
Requirement of PSIC is dispensed with for import of metallic waste and scrap from safe countries through six ports where portal monitors and container scanners are operational.
In exercise of powers conferred under paragraph 2.04 of the Foreign Trade Policy, 20152020, the Director General of Foreign Trade hereby inserts the name of Krishnapatnam Port in para No. 2.54 (d)(iv) as under:
Nowadays due to digitization we get our salary, dividends, interest etc. credited directly in our bank accounts. Similarly, various EMIs, School Fees, House Rent etc. are also debited from our bank accounts i.e. as per our standing instructions. However when we get our bank statement, we face a number of problems in reconciling our accounts. […]
Industrial Infrastructure Development Corporation(Gwalior) M.P. Ltd. Vs CIT (Supreme Court of India) It is not in dispute that an express power was conferred on the CIT to cancel the registration for the first time by enacting sub-Section (3) in Section 12AA only with effect from 01.10.2004 by the Finance (No.2) Act 2004 (23 of 2004) […]
